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Cancellation of the registry of KCPNWP

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06/1195

NOTICE N.º 1195/06

We hereby inform that, as a result of the existence of the conditions for the anticipated loss of the rights inherent to warrants (structured) "Warrants Estruturados sobre Dax - Put - 6.500 EUR - 19.01.2007", issued by Commerzbank Aktiengesellshaft, and registered under the code KCPNWP, one was cancelled the registry on 18th December, 2006.

INTERBOLSA, 19th December, 2006